When you and your spouse decided you no longer wanted to stay married, you no doubt understood that you would have to resolve numerous issues in order to achieve a fair settlement. In a high asset divorce, things can get messy, especially if one spouse refuses to play by the rules. Hiding assets is a common problem many people in Kansas and elsewhere encounter when the net worth of the marital property in question is high.
It is illegal to hide assets, so if you suspect this problem in your divorce, you can take immediate action to further investigate the matter. Any number of other issues can also cause delays in proceedings, such as if you and your spouse disagree about financial issues concerning your children. Regarding all property and finance issues, you and your spouse are both legally obligated to fully disclose all assets and liabilities.
You hopefully signed a prenuptial agreement before your wedding day. Before heading to court for divorce, it’s a good idea to carefully review the signed contract because it may have a significant impact on property division proceedings or alimony. Some people do not have prenuptial agreements in place, but they have post-nuptial contracts that were signed after they were married.
It’s understandable that you want to avoid becoming entangled in a drawn-out legal battle in court. You hope to finalize your high asset divorce in as swift and amicable a manner as possible. The Law Firm of Kevin Stuart Cavanaugh in Kansas is committed to helping clients achieve such goals.